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FIRST NAT. BANK, ETC. v. PILLETTE ENTERPRISES

No. 6205.

352 So.2d 440 (1977)

FIRST NATIONAL BANK OF ABBEVILLE, Plaintiff, v. PILLETTE ENTERPRISES, INC. and Weill Lumber Company, Inc., Defendant and Third-Party Plaintiff Appellant, v. NATIONAL SURETY CORPORATION, Third-Party Defendant Appellee.

Court of Appeal of Louisiana, Third Circuit.

November 17, 1977.

Attorney(s) appearing for the Case

Thompson & Sellers by Charles M. Thompson, Jr., Abbeville, Herman C. Clause, Lafayette, for defendant and third-party plaintiff appellant.

Onebane, Donohoe, Bernard, Torian, Diaz, McNamara & Abell by Joseph Onebane and Daniel G. Fournerat, Lafayette, Roger C. Edwards, Abbeville, for third-party defendant-appellee.

Before HOOD, CULPEPPER and FORET, JJ.

CULPEPPER, Judge.

The plaintiff bank sued for the balance of approximately $29,000 due on three certain promissory notes. The notes were executed by defendant, Pillette Enterprises, Inc., payable to the bank for funds loaned to Pillette to pay for labor and materials used by Pillette to perform several subcontracts on a housing project. In order to secure these notes, Pillette assigned to the bank the proceeds of its subcontracts. The defendant, Weill Lumber Company...

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